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INVENTORY MANAGEMENT

Every Ton Accounted For. From Yard to Warehouse.

Stop guessing what is in your pile. ScrapIT tracks material from the moment it crosses the scale to the moment it ships out, giving you real-time stock levels and true inventory costs.

The ScrapIT Audit Inquiry screen on a tablet, listing inventory transactions by date, description, reference number, type, warehouse and quantity.
The ScrapIT yard summary on a tablet, comparing monthly quantities for 2026 and 2025 with year-to-date totals, a Summary by Yard table and a trend chart.

Know What’s on Your Yard. Right Now.

No more hunting through spreadsheets. View your inventory status live as tickets are processed.

  • Live Status Tracking

    Instantly see what is On-Hand, In-Process, or In-Transit to a buyer.

  • Valuation Accuracy

    Track the true cost of your inventory, including average purchase price and processing overheads, so you know your real margin before you sell.

  • Loss Prevention

    Reduce over-stocking and eliminate shrinkage by accounting for every pound that enters your gate.

The ScrapIT Inventory Summary Inquiry on a tablet, listing average cost, on-hand, finished and loose goods for each product across all yards.

Track Yields from Shear to Shredder.

Scrap processing changes the value of your material. ScrapIT tracks your material through every step of the transformation.

  • Workflow Tracking

    Monitor batches through shearing, baling, shredding, or toll processing.

  • Auto-Regrading

    Automatically upgrade or downgrade material grades based on processing results to keep your inventory value accurate.

  • Yield Analysis

    See exactly how much finished product you get from raw material to identify efficiency gaps in your machinery or crew.

The ScrapIT Processing of Material screen, recording a bale ID, source and destination product, gross and tare weight and package type.

Scan. Tag. Ship.

Bring warehouse-level organization to your scrap yard.

  • Barcoding & QR Tags

    Label bales, pallets, and containers with unique barcodes. Scan to update location or status instantly.

  • Finished Goods Tracking

    Tag finished goods for shipment, making it easy to build loads and verify contents before they leave the yard.

  • Mobile Audits

    Staff can perform spot-checks and inventory cycle counts using a tablet or mobile device in the yard.

  • Multi-Yard Rollup

    View a master inventory list across all your locations or drill down into a specific yard's pile.

  • Accounting Sync

    Inventory movements automatically update your GL and financial reports in real-time.

  • Custom Workflows

    Define unique steps for special materials like catalytic converters, e-waste, or alloys.

  • Regrade History

    Maintain a full history of how material changed form and grade for audit purposes.

Helpful FAQs about ScrapIT Inventory Management

  • How does ScrapIT track scrap yard inventory?

    ScrapIT tracks material from the moment it crosses the scale to the moment it ships out, giving you real-time stock levels and true inventory costs. Instantly see what is On-Hand, In-Process, or In-Transit to a buyer.

  • Does ScrapIT update inventory in real time?

    Yes. View your inventory status live as tickets are processed. As trucks weigh out, inventory is automatically deducted from your stock, keeping your counts accurate in real-time.

  • Can ScrapIT track inventory costs and valuation?

    Yes. Track the true cost of your inventory, including average purchase price and processing overheads, so you know your real margin before you sell.

  • Does ScrapIT track processing yields?

    Yes. Monitor batches through shearing, baling, shredding, or toll processing, and see exactly how much finished product you get from raw material to identify efficiency gaps in your machinery or crew.

  • Does ScrapIT support barcode scanning and cycle counts?

    Yes. Label bales, pallets, and containers with unique barcodes and scan to update location or status instantly. Staff can perform spot-checks and inventory cycle counts using a tablet or mobile device in the yard.

  • Can ScrapIT manage inventory across multiple yards?

    Yes. View a master inventory list across all your locations or drill down into a specific yard’s pile.

  • How does ScrapIT reduce inventory shrinkage?

    ScrapIT helps reduce over-stocking and eliminate shrinkage by accounting for every pound that enters your gate, and keeps a full history of how material changed form and grade for audit purposes.

Stop flying blind on inventory.

Get the visibility you need to make smarter buying and selling decisions.

The ScrapIT Scale Tickets list screen, showing open tickets with supplier, date, licence, weight and amount columns.